The global atomic layer deposition market is largely governed by prominent players such as
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As per Market Industry Reports (MIR) research findings, rapid growth of semiconductors and electronics industry, and increasing adoption of ALD in lithium batteries are set to open new avenues for stakeholders.
Increasing adoption of atomic layer deposition technology in semiconductors and electronics industry is the key factor driving the market growth. Moreover, high demand for atomic layer deposition for lithium battery due to electrification of automotive industry and increasing focus towards power management is another factor propelling the market growth. Furthermore, increasing demand for 3D NAND storage and nano based applications and increasing adoption of ALD in solar cells to manage power consumption is anticipated to create huge market potential over the forecasted year.
However, presence of alternative for the ALD technology and high cost associated with the ALD systems have been limiting the market growth. Additionally, deposition rate for ALD is quite slow as compared to other deposition technologies, which is considered as another major challenge present in the operating market.
“ALD companies are more involved into collaboration with semiconductor and electronic industry players to make strong presence in the market,” said Tathastu, Senior Analyst, Automotive at MIR.
MARKET ECOSYSTEM/CLASSIFICATION
By Product
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By Application
From a regional perspective, Asia-Pacific is expected to witness highest CAGR in the coming years and holds maximum share in the operating market due to presence of semiconductors and electronic industry hub in the region and high customer base in China. Whereas, North America has attained second position in the ALD market due to increasing demand of sophisticated semiconductors for integrated chips, 3D thin batteries, 3D NAND and many others.
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Press Release Distributed by The Express Wire
To view the original version on The Express Wire visit Atomic Layer Deposition (ALD) Market 2030 Analysis by Top Players | ASM International, Picosun Oy, AIXTRON, Denton Vacuum, Veeco Instruments